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New government scrappage scheme could boost EV sales

Discover EV

The economic crash of 2008 saw the implementation of UK's first scrappage scheme in which paid £2000 for an old car against the purchase of a new one. Now, in the wake of the COVID-19 crisis and the biggest slump in car sales in decades, the government is considering a new scheme.

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Extended Scrappage Scheme goes live

Green Cars News

The extension for the Scrappage Scheme goes live today, after the funds for the original scheme ran out. From today, the new terms of the Government’s scrappage scheme come into force meaning that even more vehicles will be eligible under the scheme. Industry figures show that the scrappage scheme is continuing to boost the market.

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New car sales lowest since 1991

Green Cars News

However the SMMT say that the drop may in part be due to customers delaying a purchase until the introduction of the scrappage scheme in May, announced as part of the Budget.

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